Will Republicans Raise Taxes This Week On Middle-Income Americans?

Senate Democrats plan to schedule a vote this week on a bill that would extend the expiring Social Security payroll tax cut – and pay for the extension by a 3.25 percent tax on income in excess of $1 million.

The bill, sponsored by Sen. Bob Casey of Pennsylvania, is almost certain to fail in the Senate. But for Democrats, it serves as a vessel to argue that Republicans are more concerned with the so-called “one percent” of high earners than the 160 million working Americans they say would see a tax cut under the bill.